Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 738 · 40 questions

Business tip (Save, grow, borrow carefully): Saving keeps money for later; reinvesting puts profit back into the business; spending uses it on yourself. Part of the profit = profit × percent ÷ 100. Simple interest = P × R × T ÷ 100; amount to pay back = loan + interest. Borrow only with your parents.

1. 1.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
2. 2.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
3. 3.Nisha’s stall made a profit of ₹800. Nisha saves 10% of it. How many rupees are saved?
4. 4.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
5. 5.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
7. 7.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
8. 8.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
9. 9.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
10. 10.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
11. 11.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
12. 12.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
13. 13.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
14. 14.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
15. 15.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
16. 16.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
17. 17.Diya’s stall made a profit of ₹600. Diya saves 25% of it. How many rupees are saved?
18. 18.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) profit put in a bank
19. 19.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
20. 20.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
21. 21.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
22. 22.Nisha’s stall made a profit of ₹1600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
23. 23.Nisha’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
24. 24.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
26. 26.Kavya’s stall made a profit of ₹1900. Kavya saves 50% of it. How many rupees are saved?
27. 27.Kavya’s stall made a profit of ₹1500. Kavya saves 20% of it. How many rupees are saved?
28. 28.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) better paint for cards (d) sweets for yourself
29. 29.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
30. 30.Lakshmi’s stall made a profit of ₹1400. Lakshmi saves 10% of it. How many rupees are saved?
31. 31.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
32. 32.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
33. 33.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
34. 34.Rohan’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
35. 35.Nisha’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
36. 36.Farhan’s stall made a profit of ₹1700. Farhan saves 25% of it. How many rupees are saved?
37. 37.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
38. 38.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
39. 39.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
40. 40.Which of these is saving? (a) a new video game (b) a cinema ticket (c) better paint for cards (d) an emergency fund

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